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Exactaform Cutting Tools Limited

02533691

active
Private Limited Company
Companies House
Health Score
88 / 100

Healthy

30/30
Filing
20/30
Financial
38/40
Risk
  • Going concern doubt noted in accounts (-10)
  • 1 outstanding charge (-2)

Details

PROLOGIS PARK, COVENTRY, CV6 4QJ
Incorporated 23/08/1990

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

25620
Machining

Officers

Mr Jamie Matthew White

director · Since 20/01/2015

DIRECTOR

BRITISH · ENGLAND · Age 37

Also on 4 other boards

Mr Amrik Singh Nagra

director · Since 03/05/2019

OPERATIONS DIRECTOR

BRITISH · ENGLAND · Age 65

Persons with Significant Control

Irw Limited

75–100% shares
75–100% votes
Appoint directors

Exactaform Prologis Park, Central Boulevard, Coventry, CV6 4QJ

Reg: 10339764 · Companies House · Private Limited Company

Notified 21/09/2016

Former PSCs

Mr John Arthur Inglis

Ceased 21/09/2016

Mrs Christine Inglis

Ceased 21/09/2016

Charges1 outstanding

Charge
outstanding

NATIONAL WESTMINSTER BANK PLC

Created 31/01/2017Registered 01/02/2017
charge
satisfied

MIDLAND BANK PLC

Created 05/06/1998Registered 11/06/1998Satisfied 03/10/2016
charge
satisfied

YORKSHIRE BANK PLC

Created 07/10/1997Registered 13/10/1997Satisfied 31/03/2011

CompanyRankvs 15+ SIC 25620 peers
70

Financial strength99th percentile among SIC peers · 25/25
Employees98th percentile among SIC peers · 15/15
LiquidityCurrent ratio 7.21× · 20/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10Outstanding charges -10
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How is this score calculated?
Financial strength25/25 pts

Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.

Employees15/15 pts

Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.

Liquidity20/20 pts

Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.

Longevity15/15 pts

One point per year of operation since incorporation, capped at 15. Older companies have a proven track record.

Filing compliance15/15 pts

Full 15 points when both annual accounts and confirmation statement are filed on time. Points are deducted for each overdue filing.

Risk deductions

Going concern doubt: -10 pts

Outstanding charges: -10 pts

Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.

Going Concern Doubt

we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the company's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue. Our responsibilities and the responsibilities of the directors with respect to

Key FinancialsYear ending 31/12/2024

Net Worth

£11.8M

Balance sheet strength

Cash

£1.4M

Cash in the bank

Profit Before Tax

£1.5M

Bottom line earnings

Net Current Assets

£8.0M

Working capital

Current Assets

£9.2M

Current Liabilities

£1.3M

Fixed Assets

£5.0M

Debtors

£6.4M

Cost of Sales

£5.7M

Admin Expenses

£2.9M

Profit After Tax

£1.1M

82avg. employees+11

Tax at Year End

Corp tax£84k
Dividends paid£1.4M

People Costs

Wages & salaries£2.9M

Balance Sheet

Intangible assets£11k
Assets less current liabilities£13.0M
Prepared with CCH Software

EstimatesDerived

YearCurrent RatioImplied Profit
20247.21+£27k
202311.62+£444k
202110.97+£3.5M
20177.70

Derived from filed accounts. Not audited figures.